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are not in a position to do things that we otherwise would be in a position to in terms of shaping the environment to prevent war. so in my view, americas 60 veto fiscal picture increases the risk of conflict around the globe media not always involving the u.s., though certainly the risk of increasing globally. based on our fiscal picture. the point that i would want to make is the budget deal requires us to deal with a full deck of cards and those people who keep wanting to take things off the table. when i say a full deck of cards, that includes defense participating in deficit reduction. this cannot be in the case of defense a sledgehammer approach. it's going to take a long line of dealing with these issues overtime to give the defense department time and they can make in my view very significant changes in the budget, but doing it in a way that does not damage our security. doing it abruptly as the fiscal cliff does or in a very compressed time frame is not only inefficient and dangerous to security in our s. my final point is that they are missing an element in this town is primarily politic
on the overall security environment on the peninsula as well as in asia. >> did you follow up anything new? we been hearing rumblings for a time. anything new you can provide in terms of insight into lunches are things like that? >> i think you're tracking it pretty well for the media today there are indications of what they will call a satellite launch. we believe it is still the u.n. security resolutions because of the missile they'll be fired and the implications it has for ballistic missiles activity somewhere down the road and the destabilizing impact it will have on the security environment throughout the region, not just dependent. >> can you follow up on some of that? what is your assessment? they say they saw birth of her problems at their failed launch. what is your assessment? how could they have felt the problems? juicier ran possibly helping them? and do you think he's doing this in response to hard-liners in his own government? why would he be doing this? >> well, the professed reason is to probably do it in conjunction with the anniversary on the 17th, which is widely reported i
smiling, playing, and learning together in a safe environment. but here is the surprise. this isn't america, it's tijuana, mexico. a tough place for a child due to drugs, violence and poverty. but the first club is helping to change lives. and this is the first boys and girls club in south africa, lives are changed here and in mexico, because the children are learning that great futures start here. the expansion of the dream is due to the vision of tupperware brand's ceo, rick and his wife susan. for more than 20 years, he's been encouraging the company to make a difference through global and social responsibility. >> i think there's really a change in the role of what-- in the social contract between individuals and their governments. a lot of governments are going broke, there's a time here where corporations need to step up and find a way, not just to fund, but to put their focus, when you put funds and focus behind it, then things start to happen. >> tupperware is proof that some big businesses are big on helping others, since 1992, tupperware has been one of the leading corpo
us about. host: thank you for the call. speaking along the lines of the environment and the epa. there is this -- from "to the boston globe" -- this from "the l.a. times" -- from "the gazette" in colorado -- our question for you is, what the think the president's no. 1 priority should be? just is joining us on the democrat line. caller: good morning. it was a little bit of serendipity that you read the editorial from "the new york times." i believe the first priority, our entire government should be repairing the infrastructure of the country. we have some infrastructure from the 19th century. with what just happened in new york, i really do think that our treasure and our people -- repairing the infrastructure will create jobs. we also have to begin protecting our coastal communities from the mega storms. even if we just decided right now to work against climate change or to slow down climate change, it still is going to happen. it will happen. it is a mechanism that is not going to stop even if we were to stop pumping co2 into the atmosphere. we have to prepare and work to tha
, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the am more at thisization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis this country has faced since the de
they are and will they be able to perform regardless of the macro environment? >> all right. we are focused on. companies that can grow regardless of what happens in the economy. three stocks we like, one is denbury resources. what's interesting about them is they have hedged their forward sales of oil so the lowest they're going to receive is $80 next year. at those rates, they're going to be a very profitable company. it's a very inexpensive stock. we like that. it's a u.s. oil producer as well. we like that. link linkedin, we think attracted as much attention as it should. they're executing very well in the professional business social networking sense. in particular, head hunters across the globe. this is now the method of head hunting. finally, an enterprise software design company used in making semiconductor chips. we see them as providing a very stable and growing play on technology without necessarily having to pick, you know, end winners. >> got it. >> thank you. >> very good, guys. thank you all for joining us today. rick, good luck with the reappraisal on your property there, whatever you're
in a slow growth environment, but they've kept interest rates very low in japan, but the problem is, government is too big. that's why japan has not been able to start growing again. and this is the path that the u.s. is certainly on if we don't change that dynamic. >> paul: kim, is there any recognition about this in washington or is it all -- i mean, do you hear any of this discussion or do they really believe, certainly, the white house and the treasury, that tax rates like this don't matter, at that ultimately-- >> no, they do to a degree. if you talk to the officials iran up, come on, so we're going to raise the rates, what is fascinating to put it in the bigger context of the debate about tax revenue, the economists have the static view, you've got x-amounts of capital gains income and you get 20% more tax revenue. >> you don't, because people decide to shelter it. they do their transactions the year before, when the amount is less. and so, all of these numbers that the white house is counting on and sort of rubbing its hands together hoping to get. they're not going to get an
states, inflict damage, physical and reputational, on the jordanian government in an environment in which all other governments are certainly dealing with their own difficulties right now. >> reporter: all 11 suspects were rounded up by jordanian security forces in mid october. jordanian officials say they'd planned to strike on november 9th, the seventh anniversary of the last al qaeda attack in jordan. when suicide bombers struck three hotels in amman, killing about 60 people. the man who claimed responsible for that attack was al zarqawi who led the group al qaeda in iraq. he was killed by u.s. forces in 2006. but analysts say the recent resurgence of al qaeda in iraq shows an unsettling pattern. >> we thought we had them essentially pushed to the wall and snuffed out to a large degree. some individuals were released from prison in iraq and rejoined this group. and certainly when you have a country that is unstable like iraq and you have tremendous sectarian tension there and violence, the more from the sunni side on to the shiite side, you can't be surprised that a group like al qaeda
what the environment means in haiti. >> the environment means a lot. haiti is a country that has been hit by seasonal climate events almost every year. weather events and hurricanes have severely affected the country. every year, thousands of people are dying. many have been displaced. many others are still homeless. as a youth, it is my responsibility to take part in these activities, to do something about it. i would like to see climate justice. >> what the climate justice mean to you? >> for me, eradication of poverty. that means developed countries need to take responsibility by fulfilling -- by providing finance, which is key for countries like haiti. >> marco, what the climate justice mean to you? >> all of that, including the fact that currently, emissions in the atmosphere, 75% are coming from developed countries , countries that have done everything for over a century and now they're trying to place the burden on developed countries -- developing countries who barely have enough to eat. we have a severe injustice here that we need to act on. climate justice, in a nutshell, me
to implement. i will say, however, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis th
will say, however, that the value of doing it now in a low interest rate environment is larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal. therefore, this will be a more valuable change. second, because these loans are so low interest rate, they will be on our books far longer. not many loans in the past have hit that limit. even though it is $1 trillion, the value of the change is small for the old loans. it is going to be valuable for these newer, very low interest rate loans. >> briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that is a very different standard than even exists at fannie and freddie. why are you doing that? put this is another area where we are working on changes. responsible hone owners got good credit scores that lost their jobs. we believe somebody can show that they are back to work and a responsible borer again. that is someone we would work with. i would agree that our standards are not clear enough in dividing those. so what we
's hard to earn an extra buck in that environment. you're seeing citi, in fact, address those concerns in the layoff announcement today. >> ifill: what does that tell bus the health of the banking sector and whether other big banking institution might be following suit? >> citigroup is not as mump an indicator species as i think people would want it to be. 15 years ago, it was the financial supermarket. it rolled everything together. it's one-stop shopping, and that mold has been called into question, not least by the architect of this model, sandy wiel, saying we should break up the big banks. gwen, i think it tells us more about the end of the era of kind of this force conglomeration of bank where's bigger is naturally better. you have seen, obviously, too big to fail banks become too bigger to fail, such as j.p.morgan, or wells fargo which bought wachovia. but there are others who find they can't hit their stride with the asset they say accummed a decade ago. >> ifill: what we're watching happening at citigroup. does that make them an outlier or a sign of things to come? >> i think
and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic conversation. [applause] captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> president obama addressed a group of corporate executives today in washington. he talked about negotiations with congressional republicans on deficit reduction and the so-called fiscal cliff. >> the holdup right now is that speaker boehner took a position -- i think the day after the campaign -- that said we're willing to bring in revenue, but we aren't willing to increase rates. and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on rates just out of spite or
an environment in which we can care for the elderly. >> the think americans will remain optimistic but this did of the economy? if we have not tackle the things we have just talked about like the cost of education, the housing market? we are figuring out some philosophical issues about taxing and funding? >> i think the economy has been growing slowly and steadily all in the absence of any movement, which we have seen over the test of the last year. i have worked on guantanamo for the past 10 years. my sense is that if there is some movement until the positive direction, which have not seen out of washington and enter a long time, -- in a long time, at least we will not see head winds. we are making some progress. i see that continue. >> i want to come back to what todd said earlier. i am concerned about confidence being fragile. todd reference what happened until august of 2011. we saw in limited to lie confidence tank. market confidence grew jog with some of the market confidence plunged. i think we have to be concerned -- market confidence plunged. if we look like we are not grappling with t
to relieve your tough migraines. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >> shannon: at first glance it may appear that the housing market is turning around. new numbers show home prices increase in major cities. but here is the catch. not all the buyers are from the u.s. chinese and more are buying more and more homes on the west and east coast. fox news correspondent william la jeunesse on the chinese factor in the u.s. housing market. >> well good news for sellers and a green light for buyers according to new data out tuesday morning. the housing market appears to have bottomed. prices are up in the majority of america's largest cities. by more than 3%. including places like atlanta. and las vegas, which have been down for years. in many areas, foreigners are fueling the fire. the national association of realtors says non-american buyers
and the environment. we're america's natural gas. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> almost a year after his death, kim jong ill still looms over north korea. today they erected eight statues around the city. they instribed his name and started plans to renovate the palace where his body lies in state. here is the breakdown of the cost that we found. so, how is the country paying for it? north koreans don't have the money. they are going to borrow some of it at rates like 40%. that is the amount of food that would have brought enough corn to wipe out the food shortfall. the threats that missiles pose the united states. tonight the story struck a chord with us. anderson starts now. >> tonight the top five things that america is talking about. number one, peace love and ♪ [ female announcer ] holiday
. >> except that if we go over the cliff and given how tenuous this economic environment is right now, i mean, the message that sends to business leaders, employers, let alone the american people, is this place is not only ungovernable, it is dysfunction beyond dysfunction. >> a friend of mine, a wealthy california guy, a liberal, said, if you think they're going to trust you after you miss the january 1st deadline, they'll be no trust. they'll say, if you can't meet your own deadline, why would you meet anybody else's. >> and the markets, whether it's europe or american, are pricing in a solution. you see it really quite clearly. >> somebody was on -- mcmahon yesterday was wrong, they're not pricing a failure, they're pricing in a solution. thank you, chris kofinis, for that report from greece. jared bernstein, as always, thank you. >>> when we return, let me finish with the ghost of fiscal cliff yet to come. wait until you see this story. you're watching "hardball," the place for politics. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? y
're in a situation where the economy is not growing there are no jobs. we're facing an inflationary environment too. it is troubling, and it is just about politics, and ideology and pushing that forward no matter what without thinking -- >> what they are saying is that obama will have to give more, than entitlement cuts and spending cuts and republicans might have to acquiesce to tax hikes. lou: what is the republican party coming, monica used expression political party suicide, i don't know if that drastic but there is a defeatism i find astonishing. >> they hope to stan strong together in one message, we need a warrior that is why i'm delighted that jim demint is leaving and going to the heritage foundation, we don't have a clear champion on our issue, senator rubio does a great job but we need more out there jan the kuh cuban guy from florida. lou: i tell you, right now, i may be insulting a lot of people, but he is the most ex fisk communicate or -- effective communicate or the republican party has but he is not talking about the fiscal cliff. >> he said we have to did is not create new taxes b
're doing here and the implications on the overall security environment own the careen peninsula as well as in asia. martha: molly henneberg is live. north koreans may have run into a snag with this launch plan which may be biding some time. what can you tell us about it? >> reporter: martha, a weather snag. snow may have slowed north korea's efforts to put the missile together on the launch pad although the latest satellite pictures suggest it may be ready for liftoff if they decide to go ahead with it on monday. it appears all three parts of the rocket are mounted on the launch pad. north korea has tried four times since 1998 to launch a three stage rocket successfully but have been unsuccessful at it. officials say the north koreans gain more information each time they try. north korean leader kim jong-un believed to want to try the launch over next couple weeks because in part because the anniversary of his father's death falls into that time frame. mortgage that. martha: we know our u.s. navy has been mobilizing to that region in preparation for this and ahead of this. what do we kn
natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>shepard: there is breaking news on fox news channel, the supreme court has notify the us it will take us gay marriage cases including california's ban on same-sex marriage unions. we got the word and our correspondent is with us on the phone now. shannon, what is the story? >>shannon: they decided to take up to different gay marriage cases. you mention the one from california, you may remember proposition eight. the voters passed a measure that allows only the recognition of one man, one woman as a "marriage." a federal court overturned that. that want on appeal to the supreme court and they decided they will weigh in on that fight.
impact of carbon emissions on our environment. consider more ecofriendly means of transportation such as traveling by bicycle, turtle, or robotic vacuum cleaner. a message from the national message council. >> oh, look at the puppy. don't forget to fly me to the moon sunday 9:00 eastern with neil cavuto. i'm john roberts. good night from washington. charles and i are going to watch the new star trek trailer right now online. >> shepard: this is "the fox report." the supreme court is about to take up gay marriage and one decision could potentially effect every state in the union. more unrest in a critical middle east nation as protesters march on othe palace in egypt and call for the president to resign. thousands of protesters calling for the egyptian leader to get out of office. that president's supporters making new promises of revenge. tonight, the fight outside the presidential palace. and the future of an entire nation in the balance. two radio dj's recently called british hospital and impersonated the queen to ask about kate middleton's pregnancy and for a nurse that answer
$1,000 holiday bonus cash. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their
environment. >>> looking to grab a big win today. it gets tougher with tom brady and the new england patriots on the schedule for next sun apsunday night. they will keep an eye on collin kaepernak and they will take them on at 1:05 and if mario can't place because after bad shoulder. >> following "mornings on 2" this morning, it is fox nfl sunday and then cincinnati against the ben gallons. >>> bring a toy with you. volunteers will be at candlestick park collecting unwrapped toys. it is all part of the operation dream toy drive. they will be donateed to thousands of children who live in san francisco public housing. >>> mysterious light in the sky over texas. now a debate over what caused it. >> if you are looking to hit the slopes. things are looking good. we will tell you about the sierra snow and why conditions there are unique. >> filling into the bay area sunday, i will tell you what to expect, coming up. . >>> well, a mysterious light show in the texas skies have a lot of people talking. officials are looking into whether a meteor touched down but the weather service now said the fire b
nasal congestion. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days
to look over the long haul, over the long-term, whether you have an environment that's right for business. i think in arizona we are trying to get things right so over the long haul we can build a more diverse sustainable economy. i think we are headed in the right direction. stuart: i'm not being flip here, what kind of tax break dos you offer them -- tax breaks do you offer them, just give me an idea. >> if you bring manufacturing to our state, you are going to get a tax credit. if you bring research and development, you will get a tax credit. if you engage in sustainability, green jobs, you will get a tax credit. look, we saw the landscape around the country, and we wanted to make sure we were as competitive as possible. and a lot of it is not going to be companies moving from california, but as this economy improves, a lot of companies are going to be expanding. and we want them to look to our city, our state as they make those important expansion decisions, particularly again for those jobs. stuart: do you actually go to california yourself and try to prize them loose? >> i have been
affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> as we do here every night, we're keeping them honest. looking for facts, not offering our opinions or playing favorites. we're not supporting democrats or republicans. you can go to other cable channels for that. our goal is reporting, finding the truth and calling out hypocrisy. tonight the people you elected to go to washington and get things done can't seem to make any progress at all on the looming fiscal cliff. instead, what we have is a game of finger pointing, both democrats and republicans, what else, blaming each other for the lack of a deal. now, keep in mind time is of the essence here. automatic tax hikes and spending cuts will go into effect in just four wee
, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> the internet security guru john mcafee is wanted for questioning in belize in the death of his neighbor. the strange tale began in early november, when mcafee said someone poisoned four of his dogs. dogs whose barking was apparently a source of tension between the two neighbors. two days after the dogs were poisoned, mcafee's neighbor was shot in the head. mcafee says he didn't kill him but that he's afraid for his own life and that authorities in belize are after him because he refused to pay a bribe to a politician. cnn's martin savidge was the first reporter to find mcafee and interview him on camera since he went on the run and the details surrounding that exclusive interview were almost as bizarre as the case itself. take a look. >> reporter: the search to find john mcafee began right here at the airport not long after i landed. it began with three simple words, sorry, i'm late. a prearranged code word to let me know i had met the person who woul
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they need to go to camp david and get out of the environment to get a deal done here. >> i think that would be a great idea. the co-founder of no labels with me wrote a column in "the daily beast" talking about the leadership principles we need to put in place, which is to tell the truth and no more budgetary gimmicks and govern for the future, which means plans that address growth, opportunity and fairness and put the country first, put partisanship aside and take responsibility and work together. all those things mean let's get in the room together. let's quit the public posturing. let's get down to business. these are too consequenceal as to get the show going now. >> i have to ask you, the president could not have been more clear. i point back to the exit polling, and even his first news conference after being re-elected that the line in the sand where tax rates for the wealthiest americans that make over 250,000le, if you can't start at that point when you have congressman cole, a republican, saying this is what must be done and everybody behind the scenes agrees. the first proposal i
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if you go over the cliff and given how tenuous this economic environment is right now, the message it sends to business leaders, employers, this place is not only ungovern ner rabl, it's dysfunction among dysfunction. >> freand of mine, a liberal, said if you think they are going to trust you after you my the january 1st deadline, do you think they will trust you that week? if you can't meet your own deadline, why should they make anybody else's? >> and the markets are pricing in a solution. you see it really quite clearly. >> and somebody was on -- mcmahon was wrong. there are grownups jared bernsteinç and chris, thank yo. you're watching "hardball," the place for politics. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. if you're a man with low testosterone, you should know
and take. in that environment, commonplace is essential. it -- if you go through the last campaign, it is not that big of an area. compromise is required. give-and-take -- people have to accept some things they do not like as part of a larger agreement. i would say getting a comprehensive agreement now that resolve's many of these issues would at least reduce the constant threat of government shutdown. that is why this is so important going forward. >> i would remind everybody we have threats of government shut down in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians are supposed to play politics, that is no
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